Tesla Motors, Inc. (NASDAQ:TSLA), Pepsico, Inc. (NYSE:PEP) – Tesla Semis Could Be Delivered To PepsiCo In Late January

electric car giant Tesla Corporation (NASDAQ: TSLA) surprised investors and customers in 2021 by announcing that the highly anticipated Tesla Semi he will be late. A new report shows that half of deliveries could be around the corner.

What happened: a Frito Lay A Modesto, California facility recently received Tesla Megachargers and is set to receive deliveries of Tesla Semis.

the PepsiCo, Inc. (NYSE:PEP) The facility may receive Tesla Semis later this month, according to a report from Drive Tesla. Pictures show ready-to-install Megachargers and some in packages. A Megapack battery storage system has also been installed at the facility.

“After receiving these images, we were able to confirm with one of our sources that PepsiCo has been told to expect to receive all 15 Tesla Semis before the end of January.” Tesla engine said.

PepsiCo announced in a March 2021 press release that it will take delivery of 15 Tesla Semis before the end of 2021.

Tesla has announced that it will delay the Tesla Semi during its second-quarter earnings release in 2021. Tesla CEO Elon Musk He mentioned the limited battery supply as one of the reasons for the Tesla Semi delay.

Despite the announced delays, the CEO of PepsiCo Ramon Laguarta He shared in an interview with CNBC in November 2021 that the company would receive Tesla Semis soon.

“We get our first shipments in the fourth quarter of this year,” Lagarta said.

Related link: Tesla PUBG Mobile partnership puts cars, semi-finalists in the game: What matters for China and India

Why is it important: Comments from Laguarta suggested that Pepsi could have a different schedule than other companies or have a preferred position than Tesla.

Lagarta added that the purchase of Tesla Semis is one of several initiatives planned by PepsiCo to reduce carbon emissions in the future.

Pepsi is one of several large companies that have pledged to order Tesla Semis in the future. Pepsi placed an initial order for 100 Tesla Semis in 2017.

The Tesla Semi has been postponed to 2022 and new reports by the end of 2021 indicate that Tesla Semis will not be delivered until 2023.

If the reports prove correct and PepsiCo receives 15 Tesla Semis, it could improve the schedule. But, it could be a one-time event maybe based on an exclusive deal or certain conditions.

Tesla could see an increase in orders after Tesla Semi is delivered. The event can also lead to public comments from PepsiCo that may increase awareness of the semi-truck brand.

Investors and analysts are eagerly awaiting more updates on the Tesla Semi.

TSLA Price Action: Tesla shares were down 3.43% to $1028.37 Friday afternoon upon publication.

Photo: Courtesy Tesla

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Leave a Comment